Decatur, Ill.-based Land of Lincoln Credit Union is acquiring Williamsville, Ill., State Bank and Trust in an all-cash deal..The transaction is expected to close in the first half of next year. The acquisition of the $97 million bank, headquartered near Springfield, Ill., will expand Land of Lincoln’s presence in Sangamon County, Ill., adding branches in the capital city, Sherman and Williamsville. The credit union, which has more than 38,000 members, will have $576 million in assets along with 18 branches following the deal. Land of Lincoln President & CEO Robert Ares called the deal “part of our strategic growth plan. We are excited to welcome Williamsville’s customers and employees into our family and expand access to our services around Sangamon County.” The credit union and bank are both “community-focused institutions,” said Williamsville State Bank President and CEO Catherine Gonzalez. This partnership ensures our customers and employees will benefit from expanded financial services and resources.”Land of Lincoln currently operates 15 branches with more than 38,000 members and $478 million in assets. Williamsville State Bank & Trust has three branches with $97 million in assets and $86 million in deposits.Washington, D.C.-based Luse Gorman PC is legal counsel to Land of Lincoln, while Troy, Mich.-based Doeren Mayhew Advisors LLC is financial advisor. Royal Oak, Mich.-based Howard & Howard is legal counsel to Williamsville State Bank & Trust and its holding company WSB Financial. Washington, D.C.-based Olsen Palmer is financial adviser for the bank and holding company.